Russia’s oil output deal with leading global producers will have an impact on global markets once it begins to be implemented, Dmitry Peskov, the Kremlin’s spokesman, told reporters on a conference call.
Russia and other oil producers, known collectively as OPEC+, agreed over the weekend to cut their combined oil output by 9.7 million barrels per day in May-June to help weak oil markets that have been hit by the coronavirus crisis.
Tags Argaam Organization of the Petroleum Exporting Countries (OPEC) Russia
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